The stock of NQ Mobile Inc (ADR) (NYSE:NQ) is a huge mover today! About 215,604 shares traded hands. NQ Mobile Inc (ADR) (NYSE:NQ) has declined 28.78% since April 18, 2016 and is downtrending. It has underperformed by 33.21% the S&P500.
The move comes after 6 months positive chart setup for the $368.58 million company. It was reported on Nov, 18 by Barchart.com. We have $8.23 PT which if reached, will make NYSE:NQ worth $479.15M more.
According to Zacks Investment Research, “NQ Mobile Inc. is a provider of mobile internet services. The company offers mobile game publishing platforms, mobile advertising platforms, mobile entertainment applications and platforms, mobile security and productivity applications and other mobile applications. NQ Mobile Inc., formerly known as NetQin Mobile Inc., is headquartered in Beijing, the Peoples Republic of China.”
More notable recent NQ Mobile Inc (ADR) (NYSE:NQ) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on May 06, 2011, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on April 29, 2011, Fool.com published: “Why NQ Mobile Inc. Stock Plunged Today” on December 01, 2015. More interesting news about NQ Mobile Inc (ADR) (NYSE:NQ) were released by: Valuewalk.com and their article: “NQ Mobile Inc (NQ) Files Long Awaited Form 20-F” published on October 27, 2014 as well as Fool.com‘s news article titled: “Why NQ Mobile Shares Popped Today” with publication date: May 17, 2016.
NQ Company Profile
NQ Mobile Inc., incorporated on March 14, 2007, is a global well-known provider of mobile Internet services. The Firm provides a portfolio of offerings, including mobile game publishing platforms, mobile advertising platforms, mobile entertainment applications and platforms, mobile security and productivity applications, as well as other mobile applications. It operates through two divisions: consumer and enterprise. The consumer segment primarily consists of mobile value added services, which includes mobile security services, mobile games and live mobile social video platform, advertising services and other services. The enterprise segment mainly consists of technology and software development services and hardware sales aggregated under enterprise mobility revenues. The Firm offers a range of services and products to clients and enterprises. The Company’s product and service offerings provide mobile privacy and productivity, and also offer additional mobile value added services, such as mobile games, mobile entertainment applications and platforms, and other mobile applications. The Firm also offers a set of enterprise mobility solutions. Additionally, the Company provides its services and products to its channel partners to provide these services and products to their own users. The Firm also monetizes its mobile users through advertising, mobile games and technology licensing.
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